News
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2023 Fiscal Policy Measures: More Pressure on Manufacturing Activity
In a circular dated 20-Apr-2023 and signed by the Minister of Finance, the Federal Government introduced new Fiscal Policy Measures…
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Fire Gulps Zenith Bank Storage Facility
Zenith Bank Plc has reported a fire incident on the morning of Wednesday, May 3, 2023 at its storage facility…
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CBN Places 7,552 on Watch List
The number of account holders placed on the bank verification number (BVN) watch list for fraud-related activities jumped 25 per…
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Honourable Minister Re-affirms the Exemption of the Digital Economy Sector from 5% Excise Duty Charges
The attention of the Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami) has been drawn to…
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Federal Executive Council Approves National Blockchain Policy
The Federal Executive Council approved the National Blockchain Policy for Nigeria during its meeting today, the 3rd of May, 2023.…
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President Buhari Launches 2050 Nigeria Agenda Development Plan
President Muhammadu Buhari (GCFR) at the State House, Abuja launched the 2050 Nigeria Agenda Development Plan. The plan is designed…
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Zenith Bank’s Landmark N100.47bn Dividend Payout Excites Shareholders
At the 32nd Annual General Meeting (AGM) of Zenith Bank Plc, held virtually from the Civic Centre, Victoria Island, Lagos,…
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Aggressive Depositor Withdrawals Reduce Banks’ Liquidity
After the cash crunch in January and February, Nigerians’ distrust in the deposit money banks has led to huge withdrawals.…
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FGN Reintroduces 5% Excise Duty on Telecom Services 
The Federal Government of Nigeria has reintroduced a 5% excise duty on telecom services which is applicable on mobile telephone…
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Segun Agbaje: Sounding a death knell for a once prosperous bank?
At a press briefing in July 2020 , Mr Segun Agbaje, the then Managing Director ,GTB , now the Chief…
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